Guatemala's Espada talks investment with business leaders in Seoul

Guatemala's Vice-President Rafael Espada held meetings in Seoul with South Korean business leaders in an attempt to persuade them to invest in his country.

Tuesday, May 27, 2008

In particular, Espada is hoping for the installation of a South Korean vehicle assembly plant in Guatemala. As well as Korea, Espada's Asian tour is slated to take in Taiwan.

More on this topic

Guatemala's vice president aims to think big in Asia

May 2008

Guatemalan Vice-President Rafael Espada flew out on a visit to Taiwan and Korea, promising to "think big" and shake off Guatemala's inferiority complex.

Espada said he would portray Guatemala as "a modern, democratic country with a social democratic government that has a vision of growth combined with social responsibility." He added that he would seek to woo potential investors.

Expanding Markets: South Korea

July 2010

The southeast Asian country is a large importer of food and its consumers are highly demanding.

These are the two main characteristics about the South Korean market identified by Costa Rica's export promotion agency, Procomer.

An article published by highlights the recent Free Trade Agreement (FTA) reached with this country, to which Costa Rica has largely sold Intel microprocessors, coffee and fresh fish.

Central America: An Ideal Place for Investing

June 2010

Before the president of South Korea, Panamanian president Martinelli spoke of the isthmus’ privileged geographic location to attract Asian investment.

At the XXXV Summit of Heads of State of the Central American Integration System (SICA), Ricardo Martinelli noted that the region could become the gateway for Korean investment in Latin America.

Possible Korean Investment in Nicaragua

September 2012

Representatives of the governments of South Korea and Nicaragua are holding meetings to explore Asian investment in projects in information technology and communications. reports Vice President Omar Halleslevens comments on the topic, stressing that the talks so far are not focused on any particular project, but on investment opportunities in areas of technology and communications.

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